BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0137%/8h= +15.0% APRnext payment +$0.69 per $10,000 · paid last 24h +0.036%

Price spread now: Orderly against Binance+0.038%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Orderly is 0.038% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BASEDUSDT	0.06805	0.0100	pay 0.0050% / 4h	57m 21s	$4.2M	$3.1M	25x
Short	Orderly PERP_BASED_USDC	0.06808	0.0237	get 0.0119% / 4h	57m 21s	$3K	$664	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee OrderlybpOrdersPrice spread, now +0.038%Rate

Funding earned: $28.82
Price spread: +0.038% → 0.000%: $3.85
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $16.67
Costs to cover: 0.160%
Break-even: 3.0 days

Slippage unknown: Binance: live order book, 10 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 10 min ago	1.46 bp	29.9 bp −$30	118.9 bp −$1,189	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BASED on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BASEDUSDT	+0.0100%	4h	0.06809	+0.049%	$29K	$6K	5x	as long as short
Binance BASEDUSDTlong	+0.0100%	4h	0.06805	long leg	$4.2M	$3.1M	25x
Bybit BASEDUSDT	+0.0100%	4h	0.06798	−0.108%	$2.1M	$683K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06802	−0.050%	$2.7M	$3.8M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06803	−0.035%	$534K	$577K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06810	+0.068%	$4.9M	$585K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06801	−0.064%	$567K	$72K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06812	+0.097%	$1.3M	$366K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06801	−0.064%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06803	−0.041%	$94K	$15K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06819	+0.195%	$94K	$380K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06810	+0.068%	$1K	$885K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06806	+0.009%	$1K	$197K	5x	as long as short
BloFin BASED-USDT	+0.0155%	4h	0.06824	+0.274%	$260K	$47K	25x	as long as short
Orderly PERP_BASED_USDCshort	+0.0237%	4h	0.06808	+0.038%	$3K	$664	10x